Nalco Stock Declines by -4.37% and Rated as 'Hold' by MarketsMOJO

Sep 19 2024 11:15 AM IST
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Nalco's stock price has decreased by -4.37% on September 19, 2024, with MarketsMojo rating it as 'Hold'. The company has underperformed the sector by -1.7% and has been on a downward trend for the past 3 days. While its moving averages are higher than some, they are lower than others, indicating a mixed trend. Compared to the Sensex, Nalco's performance has been -4.37% in 1 day and 3.24% in the past month.


National Aluminium Company (Nalco) has seen a decline in its stock price by -4.37% on September 19, 2024. This decline has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

In terms of performance, Nalco has underperformed the sector by -1.7% on the same day. The stock has been on a downward trend for the past 3 days, with a fall of -4.99% during this period. The stock also touched an intraday low of Rs 179.35, showing a decline of -3.13%.

While Nalco's moving averages are higher than the 20-day and 200-day averages, they are lower than the 5-day, 50-day, and 100-day averages. This indicates a mixed trend for the stock.

In comparison to the Sensex, Nalco's 1-day performance has been -4.37%, while the Sensex has shown a positive performance of 0.59%. Over the past month, Nalco's performance has been 3.24%, slightly lower than the Sensex's performance of 3.74%.

Overall, Nalco's stock has seen a decline in its price and has been rated as 'Hold' by MarketsMOJO. Investors may want to keep an eye on the stock's performance in the coming days.
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